Steel scrap prices in the major markets have continued to rise in line with the revival in Turkish buying during the working week from Monday September 3 to Friday September 7.
Export prices for scrap out of the United States have strengthened with a number of deep-sea cargoes sold to Turkey and to Vietnam.Turkey importsTurkish steel producers have booked at least nine deep-sea cargoes over the past week, totaling more than 240,000 tonnes.Three steel producers booked six deep-sea cargoes on September 5.A steel mill in the Marmara region booked a Baltic Sea cargo, comprising 25,000 tonnes of HMS 1&2 (80:20) at $317 per tonne cfr.The same mill booked a second Baltic Sea cargo, comprising 25,000 tonnes of HMS 1&2 (80:20) at $317 per tonne, 4,000 tonnes of bonus at $327 per tonne and 1,000 tonnes of rail at $332 per tonne cfr.The Marmara mill also booked a UK cargo, comprising 22,000 tonnes of HMS 1&2 (80:20) at $311 per tonne cfr.A steel mill in the Izmir region also booked a UK cargo with a similar tonnage and price, Metal Bulletin was...